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INCOME TAXES
3 Months Ended
Mar. 31, 2022
Income Tax Disclosure [Abstract]  
INCOME TAXES INCOME TAXESFor the three months ended March 31, 2022, the Company recognized income tax expense of $3.1 million compared to $1.8 million for the same period in the prior year. The effective tax rates for the first three months of 2022 and 2021 were 20.3% and 36.3%, respectively. For the first three months of 2022, the effective tax rate differs from the US Federal statutory rate of 21% primarily due to the impact of state and local taxes and discrete items incurred related to stock-based compensation. For the first three months of 2021, the effective tax rate differs from the US Federal statutory rate of 21% primarily due to the impact of state and local taxes and discrete items incurred related to stock-based compensation.